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HyProMag USA leases a Texas facility to recycle rare-earth magnets into high-performance materials by 2027, reducing U.S. reliance on foreign sources.
HyProMag USA has secured a long-term lease for a 128,000-square-foot rare-earth magnet recycling facility in Denton County, Texas, set to begin commercial production by mid-2027.
Using patented HPMS technology, the site will recycle end-of-life magnets into high-performance NdFeB materials, aiming to reduce U.S. reliance on foreign sources.
The facility, near major rail and air infrastructure, will serve as a national hub with pre-processing sites planned in Nevada and South Carolina.
It is expected to create 90 to 100 jobs and recover up to 1,557 metric tons of NdFeB material within five years, with a low carbon footprint of 2.35 kg CO2 eq.
per kg of product.
The project is backed by partnerships with ILS, Mkango Resources, and CoTec Holdings.
HyProMag USA alquila una instalación de Texas para reciclar imanes de tierras raras en materiales de alto rendimiento para el año 2027, reduciendo la dependencia de los Estados Unidos de fuentes extranjeras.